– Bausch + Lomb’s CEO talked to the Wall Street Journal about his two-year tenure. Brent Saunders said when he arrived in Rochester, he introduced himself at headquarters and hit the road with sales staff and attended conferences.
The goal: to figure out what had gone wrong at the iconic eye-care products maker.
Eventually, Mr. Saunders says he realized that fixing Bausch would require mending the company’s fragmented bureaucracy and lessening its reliance on the contact lenses and cleaning solutions that Bausch was known for. “It was a company stuck in the mud,” he recalls.
Today, Mr. Saunders says Bausch has turned the corner.
Saunders moved staff out of downtown’s B+L building and back to N. Goodman St. The company is shifting away from relying on contact lenses to expanding pharmaceuticals and surgical products. B+L to may go public again.
– Could we see a 2016 presidential primary featuring Andrew Cuomo versus Hillary Clinton? Politico asks the question:
The not-so-idle chatter has real-world impact in New York political circles, raising the tantalizing possibility of a civil war among the state’s two biggest political titans in 2016. If Clinton does decide to run, will Cuomo — driven, politically popular and keenly aware of strong political moments — also barrel ahead? Or will Clinton, with her national network of donors and base of support, clear the field?
“I think he’ll think twice about going against her,” predicted Bill Lynch, a former deputy mayor under New York’s first black mayor, David Dinkins, and a longtime ally of the Clintons. “He’s still a young man and could wait around awhile.”
– A list of the state’s top tax scofflaws features East End bar owner Ronnie Davis. He has complained about state tax audits of restaurants.